Whether you like or know Colin Powell, this couldn't be more true.   

@Jerome Ramirez Guerrero  it works like this you are taxed on the income generated minus expenses which is basically your profit.

Quote from @Jerome Morelos: @Nathan G.

From my analysis, 2/1's sell for about 250k but since I'm being conservative, 230k. 1549 Willis St, Redding CABased on how Powell is planning to raise rates later this year and early next year, I understand 9.5 may be a shy high, but i'd rather be conservative in my analysis than use something like 8%, only to find out that by the time 6 months seasononing with my hard money lender is up, rates have hiked up to 9%. 

Welcome @Nicholas Powell!

Quote from @Dana Powell: @Joe Villeneuve, can you give an example of how one loses money by refi the equity out of one property and putting it into a new one? 

Any help would be greatly appreciated.Thanks for reading,Reggie Powell

As Powell reiterated today that fed diverting from planned course (such as a .75 bps hike) is unlikely, why we saw a rally in MBS and slight improvement in rates today.

- Not common, but more common in the newer suburbs of Dublin, Powell, etc where they're building entire neighborhood developments with 100s of cookie cutters.8.

Historically, through COVID Jerome Powell has remained dovish on the matter and has stood his ground about not letting his dove dive into the ground and creating negative interest rates, but he has lowered them to help the economy.